The Company through the Foundation continues its passionate journey of social change using the power of collaborations. We endeavour to empower vulnerable communities and keep them at the heart of all our CSR initiatives.
At Cipla, we strongly believe that sustainable business growth is intertwined with the well-being of the societies and natural ecosystems where we operate. Our commitment to the philosophy of ‘Caring for Life’ extends to our social endeavours, evidenced by the strategic, long-term partnerships that we forge to actively engage with communities and to maximize for positive outcome. Our efforts are targeted at making meaningful contributions to society and empowering vulnerable communities, in ways that they need to be supported the most.
Cipla Foundation, the exclusive philanthropic arm of the Company, collaborates with reputed institutions, non-governmental organizations (NGOs), government agencies and domain experts (as permissible by CSR Rules) to implement our social initiatives. We believe that our inclusive approach has two-fold benefits –
1. Our implementation partners have an innate understanding of the needs of the communities where they undertake projects
2. Specialized project experience of such partners drives execution efficiency, under the guidance and supervision of the Foundation.
During the FY2022-23, our social initiatives touched the lives of 4,00,000+ individuals across India. In true Cipla spirit, our employees spent 70,000+ hours of volunteering on different social initiatives.
Board | CSR Committee | Cipla Foundation |
---|---|---|
Approves CSR policy and Annual Action Plan | Recommends CSR policy to the board | Identifies CSR projects as per CSR Policy and proposes to the Committee |
Reviews and ensures fund utilisation as per approved plan | Recommends Annual Action Plan and modifications, if any to the board | Implements and monitors projects as per board approval |
Monitors projects along with CSR Committee | Review project implementation through transparent monitoring and management mechanism. | Maintains robust mechanisms to ensure compliance with the approved proposal, CSR policy, and applicable laws |
The Company, through the Foundation, continues its passionate journey of social change anchored in the purpose of ‘Caring for Life’. We endeavour to empower vulnerable communities by keeping them at the heart of all our CSR initiatives.